RNS Number:1745T
Advance Developing Markets Tst PLC
11 December 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1)   Name of company
Advance Developing Markets Trust plc


2) Name of shareholder having a major interest
Lazard Asset Management LLC


3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
Interest as discretionary fund manager


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them
Several separate holdings. Full details not available.

5) Number of shares/amount of stock acquired
-


6) Percentage of issued class
-


7) Number of shares/amount of stock disposed
739,000


8) Percentage of issued class
0.94%


9) Class of security
Ordinary shares of 1p


10) Date of transaction
9 December 2003


11) Date company informed
11 December 2003


12) Total holding following this notification
13,891,725


13) Total percentage holding of issued class following this notification
17.59%


14) Any additional information
-


15) Name of contact and telephone number for queries

J.L. Luetchford  0207-490-4355


16) Name of authorised company official responsible for
making this notification

J.L. Luetchford

Date of notification 11 December 2003



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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